In the first quarter of 2024, Paraguay demonstrated significant economic resilience, with a reported 3.3% increase in exports compared to the same period in the previous year. The Central Bank of Paraguay reported that from January to March 2024, the nation’s exports amounted to $4.127 billion, up from $3.994 billion the previous year. These exports extended […]
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US dollar continues to fall sharply, Brazilian real ranks second in global performance
The US dollar has seen a consistent fall in value, crossing the R$ 4.70 threshold during Friday’s trading session. This drop has come amidst a general appreciation of most liquid currencies against the American dollar. The shift can be attributed to a correction from the previous day’s movement and weaker than expected US economic data […]
Brazil’s Investment Leap in 2023
In 2023, Brazil experienced a significant economic shift with an 81% increase in federal government investment. Rising from R$ 39.15 billion ($8.01 billion) to R$ 70.7 billion ($14.43 billion), this growth marked a departure from the spending restrictions set by the 2017 cap. This increase was largely enabled by the “spending cap breach” PEC, a […]
Peru’s Sustained Trade Growth in Early 2024
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